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Chile crisis threatens Codelco investment plan

The social spending blueprint promised by Chile’s president Sebastian Pinera will be a setback for the massive capital investment plan of state-owned copper company Codelco, which will be expected to generate much of the cash to pay for them.

Chuquicamata in Chile

Chuquicamata in Chile

Barely months into his role as head of Codelco, Octavio Araneda faces arguably the greatest challenge the company has confronted in a generation, and one which will see the company pull in the horns of...

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